Top 5 Best Cryptocurrencies To Invest In 2020

Without a doubt, cryptocurrencies are getting more and more popular these days. Especially for Investors who always looking for best cryptocurrencies to invest in. If you don’t want to be left behind the trend, you must planning to make your investment this year. Before jumping in, the most important is you need to prepare yourself knowledge and information regarding this industry. Below is a list of the top 10 of the best cryptocurrencies to invest in that we’ve put together for your reference. 

Why cryptocurrencies is one of the best channels for investing in 2020

Many people will argue that cryptocurrencies are the future of finance. While that future might be years away, it’s certainly not a crazy statement to make. Digital currencies offer multiple advantages compared to traditional fiat money, such as lower fees, transparency, and transaction speed.

When looking at cryptocurrencies from an investor’s perspective and wonder “why should I invest in cryptocurrencies?”, there are mainly 5 reasons to consider:

• Amount: fractional investment reduces the minimum investment barriers so that nearly everyone out there can purchase cryptocurrencies.
• Liquidity: cryptocurrency exchanges are open 24/7 so that you trade, buy and cash out your assets anytime.
• Transparency: the blockchain records all transactions, available to everyone around the world. This provides an ultimate level of transparency for investors.
• Diversification: the large number of cryptocurrencies out there enables you to easily diversify your portfolio in order to mitigate risks.
• Fees: digital currencies offer lower fees compared to traditional investments assets.

Which Cryptocurrency To Invest In?

Now that you understand the benefits of investing in cryptocurrencies, check out the list of the best cryptocurrencies to invest in 2020. This list is based on the potential of these cryptocurrencies to show sustainable growth in the months ahead.

Bitcoin (BTC)

The list of best cryptocurrencies to invest in cannot start with a different cryptocurrency than Bitcoin — the world’s most popular cryptocurrency. In fact, the popularity of this digital currency is one of its biggest advantages against other players in the market.

As long as Bitcoin continues to dominate the cryptocurrency market, investors will always benefit from high liquidity levels. Even during periods of market uncertainty. Over the years, Bitcoin has shown a volatile yet consistent growth.

With the Bitcoin Halving 2020 around the corner, the community expects Bitcoin to soon approach new historical peaks.

Ripple (XRP) – Best Cryptocurrency To Invest In With Affordable Price

Third cryptocurrency by market capitalization but second in our ranking, Ripple (XRP) is among the most promising investments in this list. It’s solid technology and network are rapidly opening new opportunities in the field of international commerce, banking and payment networks.

Litecoin (LTC)

Litecoin is another cryptocurrency that you shouldn’t ignore in 2020. LTC is one of the fastest and most affordable cryptocurrencies when it comes to payments. Its technology-forward profile has put this cryptocurrency on the third place by market capitalization.

Compared to Bitcoin and Ethereum, the only currencies above Litecoin, this cryptocurrency offers huge potential at much more affordable price level. Each LTC unit currently trades for less than $100, which gives a wider number of investors the opportunity to jump in.

NEE 

NEE is a coin used in OMANEE ecosystem. Thanks to support from OMANEE’s ecosystem, NEE is a dream of crypto world in which holder could buy anything with NEE coin in your crypto wallet thanks to OMANEE ecosystem. NEE is one of the most promising investment in this list. With the price’s counted on cent which make NEE becomes one of the most affordable coin in the market.

Stellar (XLM) – Among best cryptocurrencies to invest

Stellar is one of the popular projects out there. And it’s been around since 2014, meaning its development is ongoing and it only keeps getting stronger. With a price that’s counted on cents, it’s also among the most affordable cryptocurrencies to invest in.

Stellar — an open source, decentralized protocol for cross-border transactions — launched with a network consisting of 100 billion stellar tokens. Tokens are now called Lumens or XLM tokens.